Quicken Loans is disrupting the mortgage industry. The industry has a long history of being slow and paperwork intensive. Mortgage personnel are often difficult to get a hold of. But Quicken Loans has moved the entire process online. In doing so, they have streamlined the mortgage process, reduced the time needed to process loans, lowered […]

VA mortgages are available to eligible veterans, who can use them to finance up to 100% of the purchase price of an eligible property, up to VA approved loan limits. Eligible veterans can also finance the VA Funding Fee as part of the loan. Because of that arrangement, the veteran is able to purchase a home […]

If you’re a veteran of the US military, and looking to buy or refinance a home, you need to work with a VA loan specialist. Only such a specialist will know all of the benefits you’re entitled to, as well as special programs and pricing available. There are only a handful of VA loan specialist […]

You can get a VA loan with just about any lender anywhere, right? Possibly. But some VA lenders are better than others. Many mortgage lenders offer VA loans, but they don’t specialize in the loan type. For that reason, we’ve compiled this list of the best VA loan companies and/or lenders available in the marketplace. We’ve […]

This article was suggested to me by a long-time shipmate & colleague (thanks, Dave!). Over my life, I’ve refinanced several times using an IRRRL, when it made financial sense for me to do so. However, it wasn’t until I got this question that I thought about researching it a little more for an article and […]

VA Loan limits increased in 2017, the first increase since 2006. The new maximum loan guarantee is $424,100 in most counties. The loan limit is higher in some high-cost counties. These higher loan limits vary by region and are listed later in this article. The VA Loan limits are the same as the conforming mortgage […]

One of the most common questions that I’ve been asked (and one of the most popular debates that I’ve seen), is the question about whether it’s better to have a 30 year mortgage or a 15 year mortgage. There are several versions of this question, such as: Should I pay down my mortgage early? Can […]

One of the basic benefits of joining the military is being eligible for a VA loan. A VA loan is a mortgage provided by a private lender, sponsored by the Department of Veterans’ Affairs. VA loans help servicemembers and their families qualify for home mortgages by guaranteeing a portion of the loan. This allows lenders […]

VA Loans are one of the most valuable benefits available to veterans, as they can make it easier for some veterans to purchase or refinance a home. VA Loans are backed by the Veterans Administration, and can be purchased with little or no money down. There are also advantages for veterans who want to refinance […]

Members of the National Guard, Air National Guard, and Reserves have special VA loan eligibility requirements before they can use the VA Loan to buy a home. But there is much more to actually qualifying for a VA Loan than simply being eligible. Let’s look at the VA Loan eligibility requirements, including the necessary forms […]

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